Compensation Unit definition

Compensation Unit has the meaning ascribed to such term on the second page of this Agreement;

Compensation Unit shall have the meaning ascribed to it above;

Compensation Unit has the meaning given to it on the third page hereof; "Compensation Warrant" has the meaning given to it on the third page hereof; "Compensation Warrant Share" has the meaning given to it on the third page hereof;

Examples of Compensation Unit in a sentence

• The holders of Options and Deferred Compensation Units shall not be, nor have any of the rights or privileges of, shareholders of the Company in respect of any shares purchasable upon the exercise of any part of an Option or distributable pursuant to a Deferred Compensation Unit unless and until certificates representing such shares have been issued by the Company to such holders.

• The number of shares of Common Stock distributable pursuant to each Deferred Compensation Unit shall be charged against the maximum number of shares of Common Stock that may be issued under this Plan at any time.

• Each B-1 Compensation Unit consists of one Series B-1 Preferred Share and one-half of a Series B-1 preferred share purchase warrant.

• Each Compensation Unit is comprised of one Common Share and one warrant (“Broker Compensation Warrant”).

• The inclusion of assessments and other compensation special funds as incurred losses in this Policy Year Call follow the same instructions that apply in reporting of experience under the Bureau’s Workers Compensation Unit Statistical Plan Manual.

More Definitions of Compensation Unit

Compensation Unit. A: one (1) Compensation Unit A at a price of $0.15 per Compensation Unit A, each Compensation Unit A being comprised of one (1)

Compensation Unit has the meaning ascribed thereto in subsection 2(c);

Compensation Unit has the meaning ascribed to such term on page 3 of this Agreement; “Compensation Share” has the meaning ascribed to such term on page 3 of this Agreement; “Compensation Warrant” has the meaning ascribed to such term on page 3 of this Agreement;

Compensation Unit has the meaning given to that term above. “Compensation Unit Share” has the meaning given to that term above. “Compensation Unit Warrant” has the meaning given to that term above. “Compensation Unit Warrant Share” has the meaning given to that term above. “Compensation Option Certificate” has the meaning given to that term above. “Compensation Options” has the meaning given to that term above.

Compensation Unit has the meaning given to that term on the third page of this Agreement; “Conversion Price” has the meaning given to that term on the second page of this Agreement; “Convertible Debenture” has the meaning ascribed thereto on the face page of this Agreement;

Compensation Unit has the meaning given to that term on the third page of this Agreement; “Corporation” has the meaning given to that term on the face page of this Agreement;

Compensation Unit means a compensation unit consisting of one Common Share in the capital of the Corporation and one Compensation Unit Warrant.